Midas It Services India Private Limited

Software development, web design, and digital marketing services for various industries.

2010 | Delhi (India) | Active
Last Updated:

Midas It Services India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 M
  • Revenue Growth 11.64%
  • Profit Growth 7.29%
  • Ebitda 1147.37%
  • Net Worth 16.20%
  • Total Assets 20.42%

About Midas It Services India

Midas It Services India Private Limited (MISIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 2010 and has a history of 14 years and five months. Its registered office is in Delhi, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹2.00 M.

Jaibhagwan Yadav and Maninder Singh serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900DL2010PTC269642

  • Company No.

    269642

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology
Company report

Midas It Services India Private Limited

Explore comprehensive data for Midas It Services India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Midas It Services India?

Board Members (2)

NameDesignationAppointment DateStatus
Jaibhagwan Yadav Country flag representing In Director 27-Nov-2010Current
Maninder Singh Country flag representing In Director 27-Nov-2010Current

Financial Performance of Midas It Services India.

Midas It Services India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.64% increase. The company also saw a slight improvement in profitability, with a 7.29% increase in profit. The company's net worth Soared by an impressive increase of 16.2%.

Midas It Services India revenue growth over time
Midas It Services India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
11.64%
Revenue from Operations
11.08%
Total Assets
20.42%
Profit or Loss
7.29%
Net Worth
16.20%
EBITDA
1147.37%

What is the Ownership and Shareholding Structure of Midas It Services India?

In 2020, Midas It Services India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
05 Oct 2024Bank Of India₹2.00 MOpen

How Many Employees Work at Midas It Services India?

Midas It Services India has a workforce of 79 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Midas It Services India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas It Services India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Midas It Services India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Midas It Services India

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 2.00 M with Charge ID 100998377 was registered on 05 Oct 2024.

  • Annual General Meeting

    Midas It Services India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Midas It Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Jaibhagwan Yadav was appointed as a Director was appointed as a Director on 27 Nov 2010 & has been associated with this company since 14 years 5 months .

  • Director Appointment

    Maninder Singh was appointed as a Director was appointed as a Director on 27 Nov 2010 & has been associated with this company since 14 years 5 months .

  • Company Incorporation

    Midas It Services India Private Limited was registered on 27 Nov 2010 with Roc Delhi & aged 14 years 5 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Midas It Services India Private Limited?

    Midas It Services India Private Limited was incorporated on 27 Nov 2010.

  • What is authorized share capital and paid-up capital of Midas It Services India Private Limited?

    The authorized share capital of Midas It Services India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Midas It Services India Private Limited?

    Currently 2 directors are associated with Midas It Services India Private Limited.

    • Jaibhagwan Yadav
    • Maninder Singh
  • What is the registered address of Midas It Services India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midas It Services India Private Limited is L-42 Mahipalpur Extension, India, New Delhi, 110037.

  • What is the corporate identification number (CIN) and company number of Midas It Services India Private Limited?

    The corporate identification number (CIN) of Midas It Services India Private Limited is U72900DL2010PTC269642 and the company number is 269642 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Midas It Services India Private Limited?

    The Official website of Midas It Services India Private Limited is https://www.midaswebtech.com

  • What has been the recent revenue trend for Midas It Services India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Midas It Services India Private Limited has risen by 11.64%.

  • How many employees does Midas It Services India Private Limited currently have?

    As Per 2022 financial reports, 79 employees are currently employed by Midas It Services India Private Limited.

  • What change has been observed in the net worth of Midas It Services India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Midas It Services India Private Limited has experienced an upsurge of 16.20%.

  • What are the total open charges for Midas It Services India Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Midas It Services India Private Limited amount to ₹ 2.00 M.

  • When was the last Balance Sheet of Midas It Services India Private Limited filed with the ROC?

    The most recent Balance Sheet for Midas It Services India Private Limited was filed with the ROC on 31 Mar 2024.

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